-
By Joshua Zumbrun and Steve Matthews |
April 20, 2013
Federal Reserve Governor Jeremy Stein said liquidity regulation is essential to stability, while noting a need for a more moderate approach to oversight.
-
By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
-
By Hugh Son, Bloomberg |
April 17, 2013
Bank of America Corp. reported first-quarter profit that missed analysts’ estimates as lower mortgage banking income and higher legal costs slowed the firm’s turnaround. The shares dropped 3% in early trading.
-
By Donal Griffin, Bloomberg |
April 15, 2013
Citigroup Inc., the third-biggest U.S. bank, rose in New York trading after first-quarter profit and revenue from fixed-income trading and investment banking exceeded analysts’ estimates.
-
By Jay Gould |
April 8, 2013
David Blass put hedge fund managers and private equity fund managers on notice that they may be engaged in unregistered (and therefore, unlawful) broker dealer activities as a result of the manner by which hedge fund managers compensate their personnel.
-
By Matthew Winkler, Elffie Chew and Gan Yen Kuan, Bloomberg |
February 19, 2013
Bursa Malaysia Bhd. Chief Executive Tajuddin Atan said the exchange will focus on turning domestic companies into regional champions after spending the past five years boosting corporate governance and investor protection.
-
By Gavin Finch, Lindsay Fortado and Silla Brush, Bloomberg |
February 6, 2013
Royal Bank of Scotland Group Plc, Britain’s biggest publicly owned lender, will pay about $612 million in fines for manipulating interest rates, the second- largest penalty imposed in a global regulatory probe.
-
By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
-
By Bill Gross |
February 1, 2013
They say that time is money. What they don’t say is that money may be running out of time.
-
By Takahiko Hyuga, Bloomberg |
January 31, 2013
Nomura Holdings Inc., Japan’s biggest brokerage, said it expects its investment banking operations to recover this year as the country’s stock rally prompts companies to tap capital markets.
